Your feelings don’t just LAND on you. You generate them. And if you generate sad feelings, you can also generate energising, happy and exuberant emotions. Take responsibility for the way you’re feeling right now. If you are ‘losing hope’ it means that you haven’t chosen to generate hope in your life. It means that you…
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I gave a little it talk last night on complexity within markets and the question arose in the chat afterwards as to how do you know when a trader/advisor/etc is starting to panic about the market. I have a short quick and very complete answer which is based upon my own observation over the past…
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The planning fallacy is related to optimism bias (think Lake Wobegon—where all the children are above average) and self-serving bias (where the good stuff is deemed to be my doing while the bad stuff is always someone else’s fault). We routinely overrate our own capacities and exaggerate our abilities to shape the future. Thus the…
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It may seem liberating to live in a land of infinite choices, but research in decision-making suggests otherwise. In a classic study, Stanford researchers set up shop at an upscale grocery store chosen for its “extraordinary selection” of items, including 300 types of jam. One Saturday afternoon, they set up a sampling booth with 24 jams;…
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A new study from Georgia Tech researchers to be published in the November issue of the journal Acta Psychologica has found that, aside from the basic physical benefits of lifting weights, pumping iron for just 20 minutes a day can seriously boost your memory. That’s right: 20 minutes reps of bi and tri curls each day may help…
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